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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
INTEREST AND DIVIDEND INCOME      
Interest and fees on loans $ 44,087 $ 42,815 $ 43,987
Investment income:      
Interest and dividends on investment securities 7,779 7,965 9,912
Interest on interest earning deposits with banks and other short-term investments 250 192 68
Total interest and dividend income 52,116 50,972 53,967
INTEREST EXPENSE      
Savings, interest bearing checking and money market accounts 1,433 1,647 1,184
Time deposits 1,312 1,725 2,166
Securities sold under agreement to repurchase and other short-term debt 497 353 914
Long-term debt 810 800 806
Total interest expense 4,052 4,525 5,070
Net interest income 48,064 46,447 48,897
Provision for credit losses 250 150 800
Net interest income after provision for credit losses 47,814 46,297 48,097
NONINTEREST INCOME      
Trust division income 3,525 3,393 3,062
Net debit card income 3,080 2,660 2,875
Overdraft income 2,004 2,473 2,758
Service charges on deposits 1,504 1,369 1,231
Impairment losses on securities     (166)
Net gains (losses) on investment securities   107 (12)
Losses on sale of other assets     794
Other 1,847 1,572 1,088
Total noninterest income 11,960 11,574 11,630
NONINTEREST EXPENSE      
Compensation and benefits 21,879 20,440 19,165
Occupancy expense 4,251 4,292 4,165
Equipment expense 2,971 2,882 3,027
Telephone expense 789 895 908
Legal and professional fees 1,991 1,924 1,992
Mobile & internet banking 1,597 1,452 1,230
Core / Item processing 1,765 1,876 1,627
Marketing 561 1,177 1,394
State franchise taxes 1,503 1,435 1,439
FDIC Insurance 886 857 872
Conversion costs   1,319  
Merger costs 1,875    
Core deposit intangible 17    
Other 3,886 3,665 3,715
Total noninterest expense 43,971 42,214 39,534
Income before provision for income taxes 15,803 15,657 20,193
Provision for income taxes 3,185 3,532 5,062
NET INCOME $ 12,618 $ 12,125 $ 15,131
Basic earnings per common share $ 1.98 $ 1.92 $ 2.40
Diluted earnings per common share $ 1.98 $ 1.91 $ 2.40